484-486 Gilmour ST new

Ottawa Centre,ON K1R 5L4

$ 2595000

- Bed

- Bath

4000 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $648

Subdivision 4103 - Ottawa Centre

MLS Listing ID X11960048

Annual Tax Amount $24,187

Tax Year 2024

Property Description

Welcome to an exceptional investment opportunity in one of downtown's most desirable and bustling neighbourhoods - Centretown! This well-maintained 10-unit building offers bright and spacious apartments, a strong tenant-base, thoughtful building upgrades, and a large rear yard that is prime for development potential with R4 zoning! 484-486 Gilmour Street sits on an impressive 56'x108' lot, perfectly positioned on a quiet one-way residential street, only steps to Centretown's office and commercial district, countless amenities, public transit, and trendy local businesses. All units are located above-grade and comprised of four spacious and bright one-bedroom units, one two-bedroom unit, one three-bedroom unit and four large bachelor suites with hardwood flooring throughout. This unique building offers tenants a variety of coveted outdoor decks, balconies and outdoor spaces to enjoy during the warmer months of the year. The welcoming and warm common hallways have been updated with fresh paint, recently upgraded hardwood flooring, and LED light fixtures. The card operated laundry system offers additional great income and the basement area is well appointed with ample storage space to create storage lockers to boost the annual income.

Location

Province ON

County Ottawa

Community 4103 - Ottawa Centre

Area Ottawa

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 56.95

Lot Depth 108.69

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